Mark To Market Future Biggies

Scooter mania continues as Europe's Voi bags new funding-One of Europe’s largest electric scooter sharing startups, Voi Technology AB, announced it has closed a $30 million round of funding to help it expand across Europe.

Zomato to sell UAE food delivery business for $172 million-Zomato and Delivery Hero will enter services agreements under which Zomato will continue to run the business on its own platform.Info Edge, an online services firm, will own a 26.38% stake in Zomato after the deal closes

Brookfield eyes warehousing, rental housing to expand India realty portfolio-The company is exploring more options in the real estate sector to expand its portfolio beyond commercial office space.Brookfield is currently in the final leg of acquiring Hotel Leelaventure Ltd’s hotel assets in India for about Rs. 4,500 crore, a transaction that will mark its entry into the Indian hospitality sector.

Hotstar Original-Hotstar, the over-the-top (OTT) streaming service owned by the Star India network has announced its first set of originals, under the category of Hotstar Specials. The video-on-demand platform has announced four shows in partnership with Applause Entertainment, the content studio from the Aditya Birla Group.

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Mark to Market " Banking Sector at Mess"

Market transactions by staff routine activity say RBL Bank as stock tanks 12% The total employee holding in the bank stood at around 3.46 crore shares as on 23 August, with over 25% of employees holding shares The bank's management had indicated possible corporate slippages to the tune of ₹1,000 crore in the coming quarters, during its Q1 results commentary A ‘priority sector’ problem brewing for YES Bank? The lender is said to have an exposure of about Rs 500 crore on account of loans to CCD. Most banks with exposure to the group said a significant portion of the debt was paid after Siddhartha sold his stake in IT services firm Mindtree for Rs 3,200 crore. But it’s not known how many banks individually loaned the company. Sources in the know said the loans were backed by the plantations and real estate.

Textile Sector In India:- An Overview (Part-1)

Facts India’s textile industry contributed seven percent of the industry output (in value terms) in FY19. It contributed two percent to the GDP of India and employed more than 45 million people in FY19. The sector contributed 15 percent to India’s export earnings in FY19. The Indian government has come up with a number of export promotion policies for the textile sector. It has also allowed 100 percent FDI in the sector under the automatic route. The textiles and apparel industry can be broadly divided into two segments - yarn and fiber and processed fabrics and apparel. Growth in demand is expected to continue at 12 percent CAGR to reach US$ 220 billion by 2025. India is the world's second-largest exporter of textiles and clothing. Increased penetration of organized retail, favorable demographics, and rising income levels is likely to drive demand for textiles. Post COVID-19 Scenario Due to the pandemic, businesses and supply chains are witnessing a drastic shift from trad...

Mark To Market IDBI in trouble

S&P places IDBI Bank on credit watch negative owing to the capital breach IDBI was found in breach of its regulatory capital requirements after a substantial loss in the first quarter of fiscal 2020 However, the rating agency believes the breach is temporary

Mark to Market

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